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This study investigates the causal effects of education on individuals’ adaptability to employment shocks … re-employment following unemployment. Given that the positive correlation between education and adaptability is likely to … variables to assess the causal effects of education on adaptability. Based on data from the Canadian Census and the Labour Force …
Persistent link: https://www.econbiz.de/10004975590
We study the labor market and macroeconomic effects of introducing a carbon tax in the energy sector in emerging economies (EMEs) by building a framework with equilibrium unemployment and firm entry that incorporates key elements of the distinct employment and firm structure of EMEs. Our model...
Persistent link: https://www.econbiz.de/10014518247
We analyze the quantitative labor market and aggregate effects of a carbon tax in a framework with pollution externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of adjustment influenced by carbon taxes: firm creation and green...
Persistent link: https://www.econbiz.de/10012605975
Offshoring reallocates jobs inside firms, between firms, and across sectors, affecting the economy-wide unemployment rate. We study these channels in a model with labor market frictions and two sectors—a differentiated-good sector comprising heterogeneous firms that can offshore, and a...
Persistent link: https://www.econbiz.de/10011116939
This paper shows that hiring discrimination against old workers occurs in imperfect labour markets even if individual productivity does not decrease with age and in the absence of a taste for discrimination. Search and informational frictions generate unemployment, with less productive workers...
Persistent link: https://www.econbiz.de/10010949467
The paper sets up a two-country asymmetric trade model with heterogeneous firms, search frictions and endogenous labor market institutions. Countries are linked by trade in goods and non-cooperatively set unemployment benefits to maximize national welfare. We show that more open and smaller...
Persistent link: https://www.econbiz.de/10010573108
We provide the first estimates of the effects of minimum wages on employment flows in the U.S. labor market, identifying the impact by using policy discontinuities at state borders. We find that minimum wages have  sizeable negative effect on employment flows but not stocks. Separations and...
Persistent link: https://www.econbiz.de/10010680528
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